ACES Commercial Insurance Services, Inc., a managing general agency offering specialty commercial insurance products now has in-house binding authority for small artisan contractors in California. The program is non-admitted with an AM Best Rated AX carrier, the program is designed for artisan contractors with receipts of up to $1 million annually.
More than 40 classes are available and new custom residential home builders are acceptable. Up to 40 percent subcontracted costs permitted, all written on a full occurrence basis up to a $1m/$2m limit. A standard blanket additional insured with primary & non-contributory are included. New ventures are acceptable with experience. Aces offers up to 12.5 percent commission to appointed agents in this new program.
Topics California Contractors
Was this article valuable?
Here are more articles you may enjoy.
AWS Outage a ‘Moderate Incident,’ Another Near Miss for Insurance Industry 
Update: Catastrophe Bond Investors Told to Brace for Jamaica Payout 
The Future of the Agency in a World of AI 
Update: Hurricane Melissa Churns Toward Jamaica as Category 5 Storm 
